Archive for March, 2008

PSNC Energy files for rate hike

Monday, March 31st, 2008

said in February that it was planning to file for a rate increase. On Monday, the company said the proposed 3 percent increase would bring in $20.4 million in annual revenue and add $2.98 to the avera…

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Shell Outsourcing 3,000 IT Jobs

Monday, March 31st, 2008

In one of the biggest outsourcing deals in the last five years, Royal Dutch Shell announced March 31 that it will be farming out its technology and telecommunications infrastructure through three deal…

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Oncor Reports 2007 Results

Monday, March 31st, 2008

PRWEB ) March 31, 2008 — Oncor Electric Delivery Company LLC today reported 2007 financial and operational results. Oncor is the electricity transmission and distribution company serving some 7…

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Shell to contract out its IT and phones

Monday, March 31st, 2008

Royal Dutch Shell, Europe’s biggest oil company, has signed one of the biggest outsourcing deals of recent years with the award of more than $4bn worth of contracts over five years to manage its IT an…

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Rock Energy applies for AMEX listing

Monday, March 31st, 2008

Rock Energy Resources Inc. has applied for a common share listing on the American Stock Exchange. Houston-based Rock Energy (OTCBB: RCKE) is a four-year-old oil and gas exploration and production co…

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Colorado scales back oil, gas well permit rules

Monday, March 31st, 2008

The state's latest version of new rules for permitting oil and gas wells in Colorado were released Monday — and were scaled back from November's “pre-draft” version that the industr…

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Eagle Rock Exploration announces transaction at Antelope Lake, SK

Monday, March 31st, 2008

CALGARY, March 31 /CNW/ – Eagle Rock Exploration Ltd. (“Eagle Rock” or the “Company”) (TSXV:ERX) has entered into a binding letter agreement with an arm’s-length party for the sale of its low workin…

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Analysis: Oil and Gas Pipeline Watch – United Press International

Monday, March 31st, 2008

Analysis: Oil and Gas Pipeline WatchUnited Press International - 10 minutes agoBy BEN LANDO WASHINGTON, March 27 (UPI) — Oil flow will be affected by the Iraqi army's crackdown in the oil capital Basra after all, following a pipeline …

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Colorado state agency releases draft oil, gas rules – Oil & Gas Journal

Monday, March 31st, 2008

Colorado state agency releases draft oil, gas rulesOil & Gas Journal, TX - 40 minutes agoIndustry representatives previously asked OGCC to consider the economic costs while contemplating greater environmental protections. …

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Transmeridian Exploration Terminates Merger Agreement

Monday, March 31st, 2008

HOUSTON, March 31, 2008 (PRIME NEWSWIRE) — Transmeridian Exploration Incorporated (AMEX:TMY) today announced that as of March 31, 2008, it has terminated the company's merger agreement with Trans Meridian International, Inc. ("TMI"), a British Virgin Islands company formed by the company's Chairman and Chief Executive Officer, Lorrie T. Olivier. This action does not require the company to pay any termination fee to TMI and is without any other liability to the company.

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